With the introduction of e-visa service back in June 2017, Ethiopia has opened its doors for foreign visitors wider than ever before.
Andersen Global has signed a collaboration agreement with Muluh & Partners, a law firm based in Douala, Cameroon.
A 401 kWp solar system for Central University in Ghana has been inaugurated, marking an important milestone in Ghana's transition to clean energy.
Francophone Africa’s burgeoning hospitality market continues to be a critical opportunity for “global hospitality brands and investors,” says the host of the second annual bilingual FrancoReal Property Investment Forum, Kfir Rusin.
[Egypt] Afreximbank to roll out quality assurance centres to support compliance with international standards and technical regulations
Recognizing the negative impact on trade for African countries, the Afreximbank has introduced an initiative to tackle non-compliance with international standards and technical regulations.
President of the Federation of the Egyptian Chambers of Commerce (FEDCOC) Ibrahim El Arabi said the volume of investments between Egypt and Portugal amounted to more than $450 million.
Container transportation and shipping company CMA CGM will launch its new product Guinea Gulf Express (GGX) in complement to the current 6 weekly services by November 5.
The Department of Trade and Industry is currently leading a delegation of seventeen South African companies on an Outward Selling Mission to the United States of America.
Belgium national carrier Brussels Airlines is now operating seven flights per week to Kinshasa again.
RiseUp, a Cairo-based platform that connects startups to resources worldwide, has acquired StarterHub, a Middle East and North Africa (MENA) focused online startup community.
After four years of being on the market in West Africa, Boomplay Music is set to expand its services to French-speaking countries on the continent.
Mombasa is Kenya’s global gateway and plays an important role as the logistics and economic hub for East Africa. With its strategic location, the port and its infrastructure projects are attracting a lot of international investment.
Efforts to revive the country’s sluggish economy and create much-needed employment are set to receive a major shot in the arm with the launch of Mara Phone’s first cellphone manufacturing plant in South Africa.
SEACOM has partnered with Vodacom Business Africa, the enterprise-focused ICT subsidiary of the Vodacom Group, to initiate the next chapter of both companies’ African network connectivity ventures.
Joramco and Kenya Airways, the flag carrier airline of Kenya, have signed a heavy maintenance agreement for the first time to perform OOP check for six B787.
Nokia will collaborate the Addis Ababa Science and Technology University (AASTU) and the Addis Ababa Institute of Technology (AAiT), to provide training on the latest technologies and industry trends.
World Bank Country Director for Cameroon, has signed with Cameroon’s Minister of Economy, Planning and Regional Development a $200 million Development Policy Credit (DPC) which aims to strengthen fiscal sustainability.
Following the recent debut of its flagship A380 aircraft to Cairo, Emirates will introduce a regular scheduled commercial A380 service to the Egyptian capital starting from 27 October 2019, four times a week.
On-demand transportation platform Bolt has announced the appointment of Kenneth Micah as the Regional Manager for East Africa.
Advances in technology present Africa with an important opportunity for the digitalization of its civil registration and vital statistics systems through which the strategic benefits of legal identity for all can be harnessed for the continent’s development.
Westcon-Comstor Sub-Saharan Africa has announced the availability of CloudCall, which integrates the communication and collaboration features of Microsoft Teams with the advanced voice processing of AudioCodes.
Worldwide shipments of traditional PCs, comprised of desktops, notebooks, and workstations, reached 70.4 million units in the third quarter of 2019.
As African airports seek to respond to the challenges of the rapid growth in demand for air services, Airports Council International (ACI) has emphasized the importance of innovation to the sustainable growth of the sector in the region.
The availability of renewable energy sources in Africa sources is expected to drive hyperscale data center to adopt renewable energy infrastructure according to a report by Reportlinker.com.
The Radisson Hotel Group has announced the signing of its first Radisson branded hotel in the city of Tunisia, Radisson Hotel Tunis.
Sasol and Nduna Maritime have entered into a R400 million enterprise and supplier development (ESD) funding agreement through the Sasol Siyakha Trust, in South Africa’s first locally-owned maritime vessel.
Malawi receives $13.2 million for sustainable fisheries, aquaculture development and watershed management project
The African Development Bank Group has approved a $13.2 million financing package for a fisheries and aquaculture development project in Malawi.
The UK International Development Minister visited Ghana to strengthen trade and investment ties ahead of the UK-Africa Investment Summit in 2020.
The U.S. Trade and Development Agency (USTDA) announced its growing commitment to support the City of Cape Town’s goal to become the most digitally connected city in Africa.
Middle East, North Africa faces subdued growth, bolder reforms needed to boost private sector, World Bank
Economic growth in the Middle East and North Africa (MENA) region is projected to slow to 0.6% this year compared with 1.2% last year, according to a new World Bank report.
Egypt’s trade deficit declined 18.9 percent during July 2019, recording $4.21 billion, compared to $5.18 billion in the same month of 2018, according to the state's statistics agency CAPMAS.
Coldiretti’s President, Ettore Prandini, Eni’s CEO, Claudio Descalzi, and BF S.p.A.’s CEO, Federico Vecchioni, have signed a cooperation agreement to start assessing the potential for projects abroad– especially in Africa.
AJW Group has extended its long-term relationship with Ethiopian Airlines with a contract for the maintenance and repair of parts.
Diamond Trust Bank (DTB), has joined African payment services provider DPO Group, and Mastercard, the global payments technology company, in the rollout of a business to business (B2B) virtual payment card in Kenya and Tanzania.
COMESA has forged strategic partnership with the Association for Strengthening Agricultural Research in Eastern and Central Africa (ASARECA), to develop solutions to challenges that face farmers in the region.
Five African countries initiate banking reforms to drive development and tackle climate change, report
Thirty-eight emerging market economies, including five countries in Africa, have initiated key banking reforms to drive development and fight climate change, according to the second Global Progress Report.
[Ghana] AirtelTigo partners with Western Union to allow customers receive money directly in their mobile wallets
Western Union has collaborated with AirtelTigo Money (ATM) to enable Ghanaians to receive international money transfers through Western Union directly into AirtelTigo Money mobile wallets.
The Global Fund and Orange have signed a partnership deal to develop innovative e-health solutions to reduce the prevalence of AIDS, tuberculosis and malaria in Africa.
Nokia has announced that its Nuage Networks SD-WAN 2.0 solution has been implemented by OmniClouds to improve and optimize cloud connectivity for enterprise customers throughout the Europe, Middle East and Africa region.
Travelstart has completed its acquisition of Southern Africa’s Club Travel Group for an undisclosed sum.
BitMinutes Inc. has announced a partnership with Akoin to serve the unbanked population in Africa.
Azelio has agreed on a Memorandum of Understanding (MoU) with the Swedish sustainable energy solutions company STELLA Futura, to work together on setting up a small-scale commercial project in Sub-Saharan Africa.
Aspect Software has announced partnerships with two of the top customer engagement solution providers in the South African market, Ninzi-Connect and Serotec.
The Nigerian Stock Exchange (NSE) and the Luxembourg Stock Exchange (LuxSE) have signed a Memorandum of Understanding (MoU) to cooperate in promoting cross-listing and trading of green bonds in Nigeria and Luxembourg.
Growth in Sub-Saharan Africa remained slow through 2019, hampered by persistent uncertainty in the global economy and the slow pace of domestic reforms.
IPT PowerTech Group is an energy solutions provider combining specialized energy-efficient solutions with innovative telecom infrastructure.
Andersen Global has partnered with one of Namibia’s largest law firms, Dr Weder, Kauta & Hoveka Inc.
From lavish weddings and secret romances to high-fashion runway shows and high-stakes boardroom drama, The Bold and the Beautiful has been a source of entertainment for South Africans for almost three decades.
The Director-General of the dti said that even though global growth remains subdued and South Africa was confronted by a host of indirect risks consequences, it still achieved significant strides in job creation and economic growth initiatives.
[Nigeria] Afreximbank urges creation of specialised agency to take advantage of AfCFTA opportunities
The President of the Afreximbank urged Nigeria to set up a specialized agency to enable it take advantage of the opportunities offered by the implementation of the African Continental Free Trade Area (AfCFTA).
Analytics, fraud and collections software leader FICO has announced that Michelle Beetar has joined the firm as its managing director for sub-Sharan Africa.
Microsoft has named JSE-listed technology company Altron as a Licensing Solution Provider (LSP) in South Africa.
Airtel Africa has announced a partnership with Mastercard, giving over 100 million Airtel Africa mobile phone users across 14 African countries access to Mastercard’s global network.
Joining third-party fact-checking programmes in Kenya, Nigeria, South Africa, Cameroon and Senegal, Facebook has announced the expansion of its Third-Party Fact-Checking programme to 10 additional African countries.
MTN Group has launched its “We’re good together” initiative. This is aimed at demonstrating how, in partnering with our host countries, the telco can change lives by improving digital access, driving financial inclusion.
Magal Security Systems announced that it has received approximately $8 million in orders from East Africa over the past several months.
Africa50, Colas, Jovena and SN Power have signed a shareholders’ agreement to develop the Volobe hydropower plant in Madagascar.
“The urban opportunities far outweigh the challenges,” said Prof. Davis G. Mwamfupe, the Mayor of Dodoma, Tanzania, during his message to the Cities Leadership workshop, launching the City Diagnostics for five pilot cities in Africa.
Acting CS for the National Treasury and Planning has called on residents of the Upper Eastern Region at the Kenya-Ethiopia border to take advantage of recently established One Stop Border Point in Moyale to boost trade.
[South Africa] Global financial leaders launch digital platform to tackle international trade barriers, bolster business growth
Financial leaders from banks around the world convened in London to mark the official launch of the Trade Club Alliance.
The South African Minister for Trade and Industry (the dti) Ebrahim Patel, has launched a taxi manufacturing expansion plant worth almost half a billion rands in Durban, KwaZulu-Natal.
The intra-Global Climate Alliance Plus (GCCA+) Programme on supporting Climate Change Adaptation and Mitigation Actions in the East African Community has been launched at the EAC Headquarters.
The number of countries participating in the COMESA Free Trade Area is set to rise as Tunisia prepares to join the trading regime by the end of this year.
Rwanda’s Clarisse and Patricia from Côte d'Ivoire named among world seven top advocates for women in tech, e-commerce
The tech and e-commerce industry remains a male-dominated playing field globally, but a surge in women demanding a seat at the table – and delivering the goods online – means that this could change.
Zion Market Research has published a new report titled “Building Analytics Market By Component.
The Board of Directors of the African Development Bank Group has approved loans of around €209 million to fund the expansion of a highway that links major economic hubs in Kenya.
[Nigeria] Facebook and Teleperrfomance partner to launch Small Business Group Operations Centre targeting advertisers in Sub-Saharan Africa
Facebook in partnership with Teleperformance, has announced the opening of its first Small Business Group (SBG) Operations Centre in Lagos, Nigeria.
President of The Southern African Development Community, SADC, Payments System managing body Andrew Mugabi has called on member countries to insert their commercial banks into the regional payment platform.
Deputy Trade and Industry Minister Ahmed Taha reiterated cooperation with the German side in the digital transformation of Egypt's industrial sector.
WCS, partners fit Elephants with GPS/satellite collars to reinforce ongoing protection efforts in Nigeria
The Wildlife Conservation Society (WCS) announced that it has fitted six elephants with GPS/satellite collars over the past two months to further reinforce ongoing protection efforts in Nigeria’s Yankari Game Reserve.
Investec Bank Limited is to secondary list two of its market-leading exchange traded notes (ETNs) on A2X Markets.
Kosmos Energy announced that the Yakaar-2 appraisal well has encountered approximately 30 meters of net gas pay in similar high-quality Cenomanian reservoir to the Yakaar-1 exploration well, targeting the inboard Mauritania/Senegal gas trend.
National Energy Services Reunited announces multiple contract awards worth $100 million in North Africa
National Energy Services Reunited Corp. a national, industry-leading provider of integrated energy services in the Middle East and North Africa and Asia Pacific, has reported multiple awards in North Africa valued up to $100 million.
Sidian Bank has received the second tranche of Sh300 million of the initial Sh600 million long term facility from Oikocredit for onward lending to SMEs and microenterprises.
Aviation service provider, ACC Aviation Group, has announced the expansion of their partnership with Ethiopian Airlines, to include the operator’s charter and leasing capacity across North America and Asia.
The U.S. Trade and Development Agency (USTDA) announced a call for initial proposals from project sponsors in sub-Saharan Africa, including U.S. companies working with African project sponsors.
While most African countries are bearing the brunt of the US-China trade war, as well as a slump in commodity prices which is greatly affecting exporters, East Africa’s economic diversity is still playing a key role in cushioning the region from shocks.
For years, Ethiopian TV viewers have had to navigate through a plethora of multinational content in a variety of foreign languages in order to locate their favourite channels.
Hapag-Lloyd launches Middle East, India, Africa Express service to offer flexible direct connections
Global shipping company Hapag-Lloyd continues to develop its position in Africa and launches the new MIAX (Middle East-India-Africa Express) service.
Solidaridad has facilitated $3.15 million of financing for Ugandan tea processor Kayonza Tea Factory in the form of a long-term loan from social impact investor Oikocredit.
MainOne has finally landed its submarine cable in Grand Bassam, Cote D’Iviore, which is the final leg of the ongoing expansion to reach Senegal and Cote D’Ivoire.
The Middle East and Africa (MEA) wearable devices market saw tremendous year-on-year unit growth of 144.43% in the second quarter of 2019, according to the latest insights from International Data Corporation.
Creditsafe USA, the global business intelligence experts, has extended its global database to include information on private and public companies in South Africa.
The Government of Sierra Leone (GoSL) and Sherbro Alliance Partners have signed a Memorandum of Understanding on a strategic partnership for the development of a new charter city.
[South Africa] Fairmont Zimbali Resort embraces revintel business intelligence solution to accelerate hotel growth
Cloud software and services provider for the hospitality industry Cendyn, has announced that Fairmont Zimbali Resort has selected Rainmaker’s comprehensive business intelligence solution, revintel®, to help them accelerate hotel growth.
Kenya Airways and Oman Air have expanded their codeshare cooperation effective October 1, increasing the destinations available to their guests.
Most African countries are bearing the brunt of the US-China trade war, as well as a slump in commodity prices which is greatly affecting exporters.
Kenyan e-Logistics company, Lori, has officially announced its expansion to Nigeria in a bid to cement its footprint across Africa.
Workz Group, the mobile and IoT solutions provider becomes the first in the Middle East and Africa to be certified by the GSMA for embedded SIM technology.
GE Healthcare has announced the appointment of Maria do Rosario Boavida as the Country Leader for Angola. Maria is the first Country Manager for GE Healthcare in Angola.
One Africa Television (OATV) has signed a live streaming and video-on-demand agreement with TV2Africa.com, which is a platform built for content providers and broadcasters.
Insurance markets across sub-Saharan Africa provide an opportunity for diversification and an avenue for growth, and so remain attractive to international reinsurers taking a longer-term view.
The board of directors of the EXIM voted unanimously to authorize a direct loan of up to $5 billion to support the export of U.S. goods and services from multiple states for development and construction of an integrated LNG project in Mozambique.
[Column] Eion Connolly: New technologies that will shape Africa’s business environment in the near future
Africa’s business environment is increasing in global importance by the day. Some predictions state that by 2025, a vast majority of the world’s growth will happen in the new markets that are emerging from corporations in Africa.
Serving 1.3 million customers in one of East Africa’s key economic hubs, Ugandan electricity distribution company, Umeme, plays a vital role in enabling the government’s Electricity Connections Policy.
Rwanda Development Board has announced a strategic partnership with the Mastercard Foundation under the Hanga Ahazaza initiative at a World Tourism Day event.
The SA business landscape is a challenging one, but those who persevere are certainly rewarded. Local start-ups that made it big have many lessons to impart that mostly involve learning from mistakes and setbacks, and pushing through them.
The United Nations Development Programme (UNDP) and the Sahara Group have unveiled the Africa Renewable Energy Forum to boost access to sustainable energy for 10 million households in Africa.
MoneyGram, a global money transfer company,has announced a partnership with Agricultural Bank of Egypt (ABE), one of the biggest agricultural banks in the Arab world and Middle East.
Côte d'Ivoire is the market that has most rapidly improved its trade growth potential over the past decade, according to new research from Standard Chartered (SC.com).